MMI stock opened at $45.65 on Wednesday. The stock has a market cap of $1.81 billion, a P/E ratio of 12.97 and a beta of 0.92. Marcus & Millichap has a 12 month low of $34.80 and a 12 month high of $58.33. The business has a 50-day moving average of $49.51.
Marcus & Millichap (NYSE:MMI – Get Rating) last issued its earnings results on Friday, February 18th. The real estate investment trust reported $1.53 earnings per share (EPS) for the quarter. Marcus & Millichap had a net margin of 10.99% and a return on equity of 22.91%. The company had revenue of $495.13 million for the quarter. During the same quarter in the previous year, the company earned $0.59 earnings per share.
Several large investors have recently made changes to their positions in MMI. FMR LLC acquired a new stake in Marcus & Millichap during the 1st quarter worth $5,202,000. Royal Bank of Canada grew its holdings in shares of Marcus & Millichap by 138.3% during the second quarter. Royal Bank of Canada now owns 2,226 shares of the real estate investment trust’s stock worth $86,000 after buying an additional 1,292 shares in the last quarter. SG Americas Securities LLC boosted its position in shares of Marcus & Millichap by 500.6% in the third quarter. SG Americas Securities LLC now owns 16,168 shares of the real estate investment trust’s stock worth $657,000 after acquiring an additional 13,476 shares during the last quarter. Victory Capital Management Inc. boosted its position in shares of Marcus & Millichap by 4.4% in the third quarter. Victory Capital Management Inc. now owns 15,253 shares of the real estate investment trust’s stock worth $620,000 after acquiring an additional 640 shares during the last quarter. Finally, PNC Financial Services Group Inc. lifted its position in Marcus & Millichap by 14.1% during the third quarter. PNC Financial Services Group Inc. now owns 19,442 shares of the real estate investment trust’s stock valued at $789,000 after buying an additional 2,409 shares in the last quarter. 58.97% of the stock is currently owned by institutional investors.
Marcus & Millichap Company Profile (Get Rating)
Marcus & Millichap, Inc, an investment brokerage company, provides real estate investment brokerage and financing services to sellers and buyers of commercial real estate in the United States and Canada. The company offers commercial real estate investment sales, financing, research, and advisory services for multifamily, retail, office, industrial, single-tenant net lease, seniors housing, self-storage, hospitality, medical office, and manufactured housing.
- Get a free copy of the StockNews.com research report on Marcus & Millichap (MMI)
- Institutional Support For Rockwell International Begins To Erode
- Another Buy The Dip Opportunity In Freshpet
- Inflation Wreaks Havoc On Haverty Furniture Company
- Tractor Supply Stock Should Plow Ahead
- MarketBeat Podcast: Investing In Innovation, Robotics, AI and Healthcare
Receive News & Ratings for Marcus & Millichap Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Marcus & Millichap and related companies with MarketBeat.com's FREE daily email newsletter.